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SGX Told To Enhance Recovery Processes Following Trading Disruption Last Year

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The Monetary Authority of Singapore (MAS) has directed SGX to implement measures to enhance its recovery processes and operational resilience, following supervisory investigation into the trading disruption to the securities market on 14 July 2016. These measures include recommendations by the Industry Working Group (IWG), comprising SGX and industry stakeholders. SGX will contribute $1.5 million to co-fund the costs that may be incurred by brokerage firms to  implement the IWG measures.

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